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over at citi, but i would be happy if i were a shareholder. the stock went up on the news. never easy to change your mind. something we're asking of our politicians, they can't do that. but citigroup's management was willing to take the hard medicine for the shareholders. we hear endless negativity about china and europe, but the chinese market last night, it was a gigantic move signifying what might be the beginning of a new growth phase. have you checked european stocks lately? smoke show. hey, even i can get too gloomy. i've been critical of bank of america for its unfathomable top dollar acquisitions, including the ill-timed merrill lynch purchase and the ridiculous countrywide buy. i've chided these guys as being one gigantic law firm with a bank attached. that's how much their earnings have been dependent upon legal obligations. and that's what cuts them. bank of america led the dow today, broke out above $10. a level hasn't been seen in ages as the unsold homes dwindles, i think it probably goes higher. here's the bottom line, listen to me, go ahead, be gloomy, you have every r
. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. neural speeds increasing to 4g lte. brain upgrading to a quad-core processor. predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. >>> welcome back, everyone. we now know what sentinelson mandela to the hospital. he is being treated for a lung infection. mandela, 94 years old. checked into a hospital over the weekend. is he responding to treatment. >>> former imf chief dominique strauss khan, settled a lawsuit filed by a new york city hotel maid accused him of sexual assault. the terms of at agreement not disclosed. but diallo seeking u
. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. citi price rewind. let'for an idea.s - a grand idea called america. the idea that if you work hard, if you have a dream, if you work with your neighbors... you can do most anything. this led to other ideas like liberty and rock 'n' roll. to free markets, free enterprise, and free refills. it put a man on the moon and a phone in your pocket. our country's gone through a lot over the centuries and a half. but this idea isn't fragile. when times get tough, it rallies us as one. every day, more people believe in the american idea and when they do, the dream comes true. we're grateful t
toward really slimming down citi by the new ceo. he has a quote in here saying these actions are logical next steps in citi's transformation and says they're committed to strategy that continues to leverage in the global banking market. if you go through the list of where these jobs are actually coming from, institutional clients group which is investment banking a quarter of the job cuts are going to come from there. my 2013 predictions i said that group would slim down by half. interesting that they are cutting a big chunk of that group. global consumer banking is responsible for 35% of the cuts and then going on through the other business lines like citi holdings, those are responsible for smaller portion of those jobs. citi getting smaller. a billion dollars going to be the pretax charge in the fourth quarter of next year. 11,000 jobs a big move from the new ceo over there. carl? >> all right. thank you very much, kayla. we're reading through the release right now ourselves. big strategic move. >> how many people work at this bank? i feel like they've been firing forever. citi did no
to the city council. tomorrow city council members will decide whether to allow patients to grow medical marijuana outdoors are bad at citywide. in 2005 the city banned medical marijuana does the answer is that the organs did not address outdoor cultivation. there next year is out severance is the police will be keeping a close eye on repeat the why of offenders. as part of a private pilot program to ensure safety on the roadways. the program is a partnership between the police the dmv and the california office of traffic safety. >> the meeting that williams has been arrested on and getting them on a felony warrant related to a police chase. police say williams was driving a 3 wheel motorcycle where she is the pullover after being spotted driving on a downtown sacramento sidewalk last month. police say williams nearly had five people with a motorcycle. >> we have a great day on tap for later on today. the weekend will be just like that. we will be right back. you won't take my life. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child tr
this morning, the kansas city fed survey. the lead story in the journal today is a 6.9% rise in house prices so far this year. since january. and some people are saying after some false starts, residential has concerned. >> well, you're right. >> you can have some recovery, some have firmness in housing prices, but it's going to drive the recovery on the back of housing. that's not going to happen. >> and people are choosing who to hook up with. i couldn't tell whether that spoke to you or whether you thought it was odd. you thought it was a pretty good idea, i think. you don't want to go out with someone who has a 200, do you? >> do you think eharmony should add a little line, what is your credit score? >> what is your credit score. >> and people are dating now on -- >> can you trust someone who you give your attentions to and eventually give your heart to that doesn't pay your bills? would you? it makes sense to me, doesn't it? >> i don't know about that. >> you could stay with the person, too. >> change them? >> wasn't that the problem when you're -- you don't want a lasting relationship wit
the cameras are rolling and you capture this craziness. >> amazing picture. my goodness. >>> oklahoma city police are looking for whoever put two pipe bombs on a truck. the driver found them attached to his fuel tank after he got back from a 400-mile trip. the truck reportedly was hauling rock. you can imagine what happened if this thing blew up. a bomb squad destroyed the explosives. >>> also new this morning, a medical chopper goes down in north central illinois, it was on its way to a hospital. three people on board all crew members, were killed. rockford memorial hospital told the chicago tribune that two nurses were on the chopper as well. no patients were on the chopper. >>> just 21 days until the tax hikes and spending cuts kick in. remember, congress is supposed to break for the holidays at the end of this week. here's the latest. house speaker john boehner and his aides were quietly conducting behind the scenes fiscal cliff talks with the white house. on capitol hill for one day at least, all was pretty quiet. posturing and finger pointing kind of stopped. cnn political reporter s
housing data out tod home prices rose 4.3% in the 12 months ending in october in a 20-city composite, beating analysts' forecasts. it did appear as 12 of the 20 cities in both composites posted monthly declines in october. david blitzer will join us in just a few minutes to go over this data. bottom line here, better than expected. maybe this is enough to keep this sector going. a very strong sector in consumer discretionary overall. home builders have really been a double in 2012. >> it wasn't until the second half of this word that you started hearing the words housing and gdp growth in the same sentence. perhaps the most significant part of the economy for so much of the early parts of the 2000s. we'll see. they do call it a sustained recovery. that is, s&p-case schiller, and the recovery continues to gather strength. >> the best performing sector, though, financials. >> financials, yeah. >> 26% on financials. utilities the only one lower for the year. nine out of ten s&p sectors higher. that doesn't happen a whole lot. >> no. >> when we come back, christmas day may be over, but w
. they were heading to an airport near mexico city. the wreckage was spotted in the mountainous northern state. we have more on the life of the singer jenni rivera. what can you tell us? >> good morning. she sold 50 million records, won two billboard music awards and was a star of her reality show and served as a judge on a popular talent show in mexico. hard-working until the end. she performed the last concert saturday night in monterey, mexico, hours before dying in a plane crash on her way to yet another commitment. [ speaking spanish ] they call her diva. and for anyone who ever saw her on stage, it was easy to see why. she sang heartwrenching song that's spoke to the common woman, especially mexican-americans. >> translator: every song, every lyric i'm thinking of them and how i can relate to them. >> reporter: jenni rivera was born in long beach, california to mexican parents, their story of humble origins. with an interview in cnn, she spoke about how she sold records at a los angeles flea market and how the family expected cans for the meager income they could bring in selling the met
an apartment, it was not that valuable. >> it's not practical for a new york city dweller, for instance. >> when you get houses, you see the mexican properties? i'm saying they're going up there. >> oh, really? >> yeah. if anybody wants one. >> available for weekend rental. >> semiautomatic weapon included. >> somebody stole it from me, he thought i was going to stop there, and let hem get away with it, and that's not really my style. >> would you kidnap jim cramer, david? i'm not sure. >> no. >> it would end there. >> it never ends. >> if the guy had done nothing, i would have said fib. but i found him -- no one has seen "taken 2." >> how could you not? what a great franchise. >> i know. >> she's been taken. >> really bad luck. >> when we come back, apple tv, microsoft surface tablets, we'll bring you the latest development regarding both of those. more from the deal book conference in manhattan, including an exclusive with lloyd feinstein. 11:00 a.m. eastern time. hanging on to gains. at the nyse, when we return. can i help you? i heard you guys can ship ground for less than the ups s
the city today. this week crowds of egyptians have now stormed the presidential palace, breaking through fences, fighting with security forces, trying to keep them back. now, the protesters, they are furious about several things. first of all, all concerning president mohammed morsi and this growing perception that he is making himself too powerful. cnn's reza sayah is in cairo. >> opposition factions back protesting against mohammed morrissey for nearly two weeks. most of the protests have been limited to tahrir square, but they're now going to the source of their anger, president morrissey, and his presidential palace. >> why come here? >> because it's -- we got fed up. >> he doesn't respect us. he don't want to listen to our demands. >> reporter: what's your message to him by coming out here? >> that what he is doing is completely unfair. this is not what we asked for. it's complete dictatorship. >> reporter: at one point there were tense moments when protests clashed with police and broke through a police barrier, but things called down pretty quickly. the president in no danger. he
'malley with the insistence we were ready -- we were ready and resilient. we all said -- punishment on ocean city. that protected $2 billion worth of property because we spend public money to protect private property. that worked. but now we're in to the recovery phase and this, and the response was great. we had heroic people. we were hit by a hurricane, on the shore and coming up our bay all the way to the inner harbor of the port of baltimore and hit by the blizzard in the western part of our state, which is the appalachians. we needed the national guard to respond. we had state troopers and other emergency responders on snow mobiles going in to take care of the elderly and get them out to safety. we did all of that. so now here we are. and now i'm going to just quick word about the shore. you heard what they said. [inaudible] rich in tradition and pride. hard working in -- [inaudible] hit by diesel fuel hit by what they consider unfair government. cash poor, community spirit, my question, and unemployment rate in that area that is in among the highest in the state, think of boot more baltimor
chickens in the two, three, four tier cities. they're equal to chicago, right? >> yeah. 200 cities in china the size of chicago, in terms of population. >> and those are small. >> can you imagine the lines at starbucks there? a cappuccino machine goes down, it could shut down the whole city. >> my daughter was asking, how did there come to be so many people in china? >> 200 years ago, i guess, that's a long time -- >> the nation building? >> i didn't have an answer. >> discovery will do us -- >> fill me in. i need to brush up on my -- >> but david faber isn't ignorant. his hair looks better. china, here's the story. >> hair looks better. then china better. relative issue. >> it's a relative issue. thank you. very nice. >>> let's check with mary thompson, on the floor in for bob pisani today. >> weakness across the board. weakness in the nasdaq, down about 20 points. the dow lost in early trade. a little more modest in the s&p, down 4.25%. traders saying the fiscal cliff headlines will continue to dictate trading. and here there was a little reaction in the futures market ahead of today's op
. [applause] >> now that that the turnpike extends past the city to the airport, any thoughts about revising the song? >> you mean the turnpike no longer ends in boston, it goes all the way to summer set, no. what town is the airport in? >> that's got a ring to it but it doesn't rhyme. that's the thing is the internal rhyme. that song has four rhyming schemes going at once. it's got to be boston unless they take it to aust tin texas. [applause] >> i want to thank all of you for joining us this afternoon. i want to remind you of our next lunch on december 18, we have leon panetta, i'm sure if you have some advice on how to stolve fiscal cliff i'm sure heed like to hear that. >> while you are writing your next song i'd like to present you with your coffee mug. it might give you some inspiration. >> thank you so much. [applause] >> i want to thank the national press club staff including the journalism broadcast center for organizing today's event. and i was wondering if you had one last song you'd like to sing us out on. >> [applause] >> can she borrow your stool? >> this is my wife kim and her
's 1994 levels. >> that's a big part of morgan stanley's call on citi today. from overweight to equal weight. consumer deleveraging in their view coming to an end. and the more clarity on regulations. we are exiting this really weird period of uncertainty. rules come into focus. and if these consumer balance sheet numbers are right. next year could look different, jim. >> yes. there are a lot of assets -- look, a lot of bad loans that are becoming good loans. citi was always relatively opaque. i tried many, many times to penetrate citi holdings, which is the legacy of the core running it now. it may be good. i mean, pandit always promised me the money in holdings was money good. if you go to the book value of companies like morgan stanley, 9% of book -- i mean, in other words, what i'm saying is, xlf, look out. 14 to 16 from june to now. but it could go back to a much higher level. >> you wonder about the nominations to treasury, good time to get out of the business. righting the ship, moving on to something else? >> elizabeth arden, now senator-elect on the banking committee, has alw
sunday, kansas city chiefs gathered in prayer. it was an emotional day for players and coaches alike. >> it takes all of us to have success in football. i told them that the bonds of teammates are rare and special and they go stronger and stronger and stronger over time and through adversity. that is what we had. so i wasn't trying to make a football is life type comparison but i just asked them to learn from all the lessons that we've all learned from football to try to handle the situation as best we can. >> loss is hard in life in general. especially people that you see every single day that you're close with and you, you grind, you grind with, that you, you know, are trying to accomplish a goal with. you go through a lot together and that was a very, still is a very difficult thing that this football team is dealing with. bill: sportscaster jim gray with me right now, fox news contributor. jim, good morning to you. headlines second straight week for all the wrong reasons. how do you see this. >> it is tragic n this instance it is totally avoidable. unfortunately he didn't have to
mayor of kansas city, missouri, but he's also an ordained methodist pastor. pastor cleaver is frequently called upon for words to deliver at my whip meeting on thursday mornings. i have said they are the highlight of our week, in many respects. emanuel cleaver speaks to us about humanity, about caring, about respecting each of our colleagues on either side of the aisle, of respecting and honoring our responsibilities to our fellow citizens. in short, emanuel cleaver on a weekly basis appeals to the best that is within us, to reflect the best that is america. emanuel cleaver will shortly be succeeded as president of the c.b.c. by marcia fudge from ohio. like emanuel cleaver, a leader of conscience, a leader of great ability and a leader who will reach out to all of us as well and continue to lead this organization that we know is the conscience of the congress. as we talk about creating jobs, as we talk about caring for one another, as we talk about makinging life better for all americans, there is no more compelling voice than the congressional black caucus towards that end. and there ha
rose was provided by the captioning sponsored by rose communications from our studios in new york city, this is charlie rose. >> rose: we begin tonight with an assessment of the u.s. and global economy, all eyes remain on efforts to avoid the fiscal cliff deadline on january 1st, when automatic spending cuts and tax increases are set to take hold. there is growing optimism on capitol hill that a deal could come soon, yesterday president obama said he would be willing to lower his revenue goal and tax increases at 400,000 instead of 250,000 per household. >> john boehner said he developed a backup plan to avert year-end tax increases if the negotiations with president obama stalls, this occurs in the backdrop of an economic that is bettering on housing and employment data, the global economy continues fragile with the european debt crisis and china i in in. >> rogoff is a professor of public policy and economics at harvard, he is a coauthor of the best selling book, this time is different, eight centuries of financial folly, many consider it to be the authoritative text on the impact of
to the foundation's intent to sue the city for its city seal which contained a cross and a billboard that included elements of that city seal that was in a city park. mr. speaker, this is an outrage. the seal and sign are harming no one. they are widely embringsed by the citizens of bulla kansas. it contains the words values and progressive ideas. unfortunately in this case progressive ideas are making a war on traditional values and it's high time for that to stop. some will claim the first amendment to the constitution requires the cross be removed from this seal and sign. that's hogwash. the first amendment begins with the words congress shall make no law prohibiting the free exercise thereof. in this instance congress made no law. for that reason alone the first amendment does not apply. furthermore, it cannot be set that this simple seal in any way is an establishment of religion. there is no officially supported secretary or denomination in the manner, this is not in any way an endorsement of any particular religion or any religious denomination. in short the first amendment as originally wr
school cars and space ships. >> entrepreneurs do what only governments did before. >> maybe cities will be built on water flow from big government. >> this is outside the united states jurisdiction. >> life gets better because ideas have sex. >> wait, ideas have sex? >> yes. >> ideas spread. when they meet they can mate. >> because of that we live in a wonderful world. that is our show tonight >> now, john stossel. ♪ i think to myself ♪ what wonderful world >> what a wonderful world? what are they talking about? all we hear from the media is doom, unemployment, pollution, social conflict, all the things exist but couldn't once in a while someone put it in perspective? this man did that. i usually don't like to put on swedish public health professionals or danish public health professionals they put you to sleep but this gentleman has caught the world's attention because he gave a tech talk, technology entertainment design, many are boring but his talk has been viewed 100,000 times. here is part of it. >> i was only four years old when i saw my motherlode the washing machine r t
secretary and odot, we took down 9,000-foot bridge in oklahoma city. and to get rid of structurally deficient and obsolete bridges. so over the next 10 years, we will go from the bottom in the country in terms of structurally deficient and obsolete bridges to the top in terms of creating that infrastructure in our state. and we're literally recycling beams and saving millions of dollars by something that would have just been thrown out under normal circumstances. and it's the only project like that of its kind in the country that we're pretty proud of. the other thing that we're doing, roxanne's governor, governor hickenlooper, tom mentioned before the third bucket of energy. governor fallin and governor hickenlooper created an initiative to convert state fleets to c.n.g. and governor mcdonell as well is supportive. we went to detroit with a group of 13 governors signed on to an m.o.u. and we had -- convert our fleets to c.n.g. and produce a fleet vehicle and give us that ability to do that efficiently. we'll give you the market. we'll put up 5,000 cars that we commit to buying. and
share while they were waiting for that i5 to come out. and citi research has downgraded apple from a hold to a buy. you can see there just below $500. >>> also, the national association for business economics growth in 2013 to come in at 2.1% after growing by 2.2% in 2012. that would continue the same tepid growth that the country has seen since the recession ended back in mid 2009. >>> and the nation is mourning the horrific event of friday in newtown, connecticut. president obama spoke last night about change. >> we can't kol rate this any more. these tragedies must end. and to end them, we must change. we will be told that the causes of such violence are complex, and that is true. no single law, no set of laws can eliminate evil from the world or event every senseless act of violence in our society. >>> and earlier in the day, new york city mayor michael bloomberg called on the president to lead the nation on the issue of gun control. >> it's time for the president, i think, to stand up and lead and tell this country what we should do. not go to congress and say, what you guys w
the straight equities business. der riff city was the key. >> people want to believe this is not going to be the latest in a chain of squelch deals, denied deals. you think this one -- >> this one does not appear to have any hair on it when it comes to antitrust. >> nationalism. >> two u.s. companies. two u.s. companies. unless you want new york versus atlanta. that could be -- >> we did that. >> atlanta, the financial capital of the world. not the same ring to it. >> oracle buys a company. yesterday, merkel buys a company. today -- >> angela merkel bought a company? >> play that out. the insurance business. gardner denver perhaps. david -- >> yeah. >> this is deal mania. >> mention arris, trading up again, double the size of the -- what is happening? >> ge this week. >> potentially, the italian enginemaker. >> the fiscal cliff, result supposed to be frozen? aren't we supposed to be paralyzed? >> i guess the clock ran out on everybody saying we can't do anything? >> this is huge for us. >> i don't have a legitimate answer for you. none of these transactions are going to close this year
a free city protected by the western powers. in 1958, there was an ultimatum. the west had to be out of berlin in six months or else. this was a crisis, the gravest crisis of the cold war up to that point. the prez -- the press, congress, and the administration thought if meant war. we needed resolve to beef up the troops' strength and defy the red army. meeting privately with the leaders, president eisenhower said we're not going to do that. indeed, he said, we're cutting forces in germany by 50,000 men. his advisers and the congressmen bewildered. cut the troop strength? won't that show weakness? ike was all alone and heavily criticized in the press. he seemed utterly unphased. eisenhower had a great capacity to take responsibility. he may have seen that famous photograph taken of ike on the eve of d-day in june 1944. general eisenhower, the supreme allied commander, wearing normal uniform, talking to a group of paratroopers, geared up, faces blackened, ready to jump mind german lines. ike came to see the men because he was told they were not likely to come back. the airborne assau
and get you out the door. it's cold in the burbs, nice in the city, similar to yesterday morning. you can bring that winter coat and gloves with you, and that will be about it. later this afternoon with a ton of sunshine. temperatures once again get into the 40s. even in areas of the suburbs, we should be at least low to mid-40s. so a very nice december thursday afternoon. let's talk about boston. you're one area that's snow starved. it doesn't look like any is headed your way with temperatures for highs in the 40s right through sunday and monday. this next storm should primarily be rain for you. you may get a little mix on sunday, but i don't think it's going to accumulate. we'll have to watch that football game sunday night, too, with the patriots and the 49ers. temperatures across the middle of the country looking a little bit on the cool side, but a lot better than it was. what a beautiful forecast. look at kansas city today. you're back up to 55. dallas at 61. only the southwest, los angeles to phoenix, could have some showers, maybe a stray thunderstorm. but for all your travel plan
sm. host: joining us from new york city this morning, mr. fund, i just want to begin, if we could, actually, with the front page of "the washington post." in the news that president obama is looking at proposals on guns. obama asked his cabinet members for ideas to curb violence. what do you make of that? guest: well, we've been this way before. in 1994, president clinton signed an assault weapons ban into law. it expired in 2004. so we have 10 years of experience of what that ban did. and frankly, a university of pennsylvania study looked at all of that said that while there was some slight decrease in the use of assault weapons, it did nothing for overall gun violence. assault weapons, semi-automatics are used between 2% and 8% of crimes and it said the gun ban did nothing to reduce the overall level of gun violence in this country. look, i mean, this is a very tragic situation. and it's a very emotional one. it's at least an emotional issue as abortion or the death penalty. and emotions run high here. and we have a very deeply divided country. we have a large chunk of the count
for children, a city, a country at war with itself. what kind of things are these little girls seeing beyond the school gates? >> translator: we as educators don't support one side or the other. our concern is for the child to learn. so we keep the school open and help with their fears. we can't do as much as before, but the key thing is to try to deal with their anxiety. >> reporter: up, down, left, right, two, three, four. out in the playground it's a p-e lesson. exercises including running to the wall, touching it and running back. here, the running's for fun, but beyond the school walls, a shell or mortar can land anywhere any time, running could be a matter of life and death. for obvious reasons the killing of small children and teachers in and around school buildings is pretty near the top of the news agenda at the moment. so it is in this educational district and the one next door alone in the past two weeks, 35 small children and two teach verse been killed. the security building next to the school was car bombed recently, leaving a staff candid about the problems they face here. >>
this city on fire. >> marco rubio. senator from florida whose articulate to the point of almost being dem ogic. . but he is a riveting speaker and he has a future. >> are you afraid of him. >> no. i just pointed out his attributes. >> he is richly republican. you know that? >> right. but the democrats have their bench, too. >> i mean, after that, you know, the democrats still going to embrace you? >> i still think that bill clinton's speech at the democratic convention was the most exciting moment of that convention. turned around the whole convention and once again revealed the great talents of bill clinton. >> does he save it? >> you are showing your brilliance again. >> i absolutely agree. a better job than barack obama did. >> i want to add to the clinton tribute. the most charismatic bill clinton. for stellar performance of the democratic national convention. his 40 minute speech was critical for a second term for barack obama. it redefined the global economic crisis. he described it as a product of >>> okay. bummest rap, pat? >> hurricane sandy was caused by global warming. what a
. >> reporter: robert, you'll be close cover. locked and loaded, rolling out, radio is on. target city on this night, san leandro. >> initial contact is the most dangerous. >> reporter: special agents from the california department of justice are on the hunt. >> it appears nobody is home at this time. report but they keep moving. door to door looking for a number of people, people who they say lost their rights to own guns but who still have them. >> you can't see behind the security door. >> reporter: he talked about it. in this instance, they knocked on the door and the woman mentally disabled, she not suppose to have a 9-millimeter, she had it. they also found this shotguns and shells that go with it. >> she's prohibited until 2017. report -- >> reporter: john alerts us to new numbers. as of last month, the california doj says more than 2700 of these individuals live in the bay area. east bay resident who lives a few doors down where where agent confiscated a shotgun and ammunition. he likes the action the state is taking. >> somebody have a large extensive criminal record shoul
-800-medicare. >> hemo, everybody. i am we are following breaking news out of kansas city, missouri. police say a 25 year old nfl player is involved in two shootings. they responded to the girlfriend's home where they found her shot and she later died. the player reportedly killed himself when the police approached him in the parking lot. the stadium is on lock down at this time. more news out of florida. a double-decker bus hit an overpass in the miami international airport. two dead and 30 injured. >> the country going over the fiscal cliff and the talks are at a stand still for president obama portrage republicans scrooges and the republicans are waiting for a serious proposal. pat buchanan wants the gop to stand firm with no new taxings. >> ditching the business tax for a national sales tax. it is spurring growth and putting people to work there. wayne would it work here? >> it is a sad day to think that we have to do something the communist china is doing . it worked very well and they have expand today to other provinces in china and it is working very, very well. yes. >> national sales t
responsibility for what happened in my city was comprehensive and inescapable. citizens held the mayor's office accountable for the prosaic tasks of daily life, like trash collection, fixing potholes in the streets, snow removal, but also for executing strategies for the economic and social advancement of the city. in legislative life, by contrast, we are responsible for positions expressed through votes, cosponsorships, interviews and other means. it takes courage to declare dozens or even hundreds of positions and stand for office knowing that with each position, you are displeasing some group of voters. but we do our country a disservice if we mistake the act of taking positions for governance. they are not the same thing. governance requires adaptation to shifting circumstances. it often requires finding common ground with americans who have a different vision than your own. it requires leaders who believe, like edmond burke, that their first responsibility to their constituents is to apply their best judgment. it is possible to be elected and reelected again and again and gain prominence i
strong, kansas city southern and delta on fire. that stock is up 20% in the last few weeks and jetblue also doing well on top of that. deal of the week, of course, you know the new york stock exchange. maybe it's the deal of the month. 33.12 and ended a little bit before for that the nyc/i.c.e. deal and of course what we don't know is the name of the new company. let's hope it has nyse in it. >> thanks. we want to slip in on a quick break and get those numbers out for the fourth quarter. house getting set to vote on the proposal. daniels took his state from deficit to surplus his few year in washington. i'll ask him what washington has to do. today morse will making agawa becoming the most popular group and what one member thinks of the i.c.e. negotiation. back in a moment. . >>> welcome back. to hammer out a debt deal, they may want to take a page from indiana's playbook. the state has about $2 billion in cash reserves and an estimated half a billion surplus heading into the new year. outgoing governor mitch daniels knows all about balancing the budget. he served as director of the of
in new york city and so is our kayla. >> hi, sue. a slate of heavy hitters throughout the morning. and the day is only half way over. well tell you what they said about the fiscal cliff and innovation coming up after the break. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. [ male announcer ] when it comes to the financial obstacles military families face, we understand. at usaa, we know military life is different. we've been there. that's why every bit of financial advice we offer is geared specifically to current and former military members and their families. [ laughs ] dad! dad! [ applause ] ♪ [ male announcer ] life brings obstacles. usaa brings advice. call or visit us online. we're ready to help. [ male announcer ] how could a luminous protein in jellyfish, impact life expectancy in the u.s., r
. >> the city street sweepers didn't come often enough so he bought his own street sweeper and has one of his staff people take care of that frequently. it is a be bit extreme i know that but at some lel it has to register with his customers and pay him back in many, many ways, as i travel the world i love spotting examples of great customer service and hospitality, such as the coffee shop who writes, enjoy with whip cream on the top of a the bellman who goes to a neighboring hotel to find a foam pillow for me. the water dish for pets outside a bakery in our neighborhood. none of these is going to win a major business prize, but they do this: they separate themselves from the competition and give us a reason to keep coming back. i don't know what business you are in, but i know lots of other people speak and write like i do, am always looking for ways to offer something that others do not. ask your staff, ask your customers, what's our version of street sweeping? i'm lou heckler. >> finally tonight, the story we have to acknowledge, many of us with kids, grandkids, nieces and nephews here, su
at the history and literary life of new york's capital city, albany, saturday at noon eastern on "book tv" on c-span2 and on sunday on c-span3 on american history tv. washington journal continues. host: we want to welcome peter welch, chief deputy whip, also served on the oversight and government reform committee. thanks for being here. the fiscal cliff negotiations, the house gop put out their proposal yesterday. "usa today" has -- reaction?r guest: i disagree. on the revenue, with the speaker has proposed with $800 billion, there's no great increase. so-called cleaning up the tax code. the problem is you start going into the middle class and start having the middle class pay more money. on the revenue there is how much do we raise and where does it come from. had alear president obama specific proposal to raise the rates to the clinton era for the top two%. i think that is what will happen. there was a majority of republicans who agreed with that. second, on the 1.1 trillion entitlement cuts, that is really a bad idea. what is doing is approaching that by slashing benefits rather than reformi
. >> eliot: when kansas city chiefs linebacker jovan belcher murdered kasandra perkins last weekend and then shot himself it did not happen in a vacuum. there are $30,000 done deaths a year, doing nothing about this is one thing that clearly makes no sense. which begs the question why is government doing nothing when it comes to guns. here to talk to us about possible solutions is john rosenthal, co-founder of stop handgun violence and the american hunters and shooters association, an alternative to nra for moderate gun owners. thank you for joining us. >> thank you eliot. >> eliot: the frustration we've felt for years in response to gun violence. in the context of all that has happened, the lack of action, what is your agenda, and how do you plan to make it real. >> it's no different than it has been the better part of 20 years. i'm a gun owner. i'm a business person. i believe in the second amendment and the right to bear arms but the founders never extended that the second amendment extend to terrorists and criminals to buy guns without even a background check. toy guns and teddy
love her. >> for more information on this and other cities on the local content vehicle's tour, go to c-span.org/localcontent. >> now, james gustave speth argues that building a democratic and ec lookically-sustainable economic system will bring about a new wave of prosperity. this program is about an hour, 40. [applause] >> thank you, john, and thank all of you for braving the weather and coming out, and thanks especially to the co-sponsors who joined ips in this and the afl-cio for making in the room available. it's wonderful to see so many people here and so many old friends here. so thank you all very much. i will try to not talk for too long. i have my watch. i didn't have it one time when i was speaking at yale, and i'm delighted to see some of my students from yale here, and i ran over real badly, and i apologized for not having my watch and letting things get out of hand, and students said, that east okay, dean speth, there's a calendar on the wall behind you. [laughter] it's good to be here, also, on the first anniversary of occupy wall street, a momentous event. i want to tell
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